Eversource Energy (ES) to Release Quarterly Earnings on Thursday

Eversource Energy (NYSE:ES - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect Eversource Energy to post earnings of $1.51 per share and revenue of $3.65 billion for the quarter. Eversource Energy has set its FY 2025 guidance at 4.520-4.600 EPS.

Eversource Energy (NYSE:ES - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The utilities provider reported $1.01 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.01. Eversource Energy had a return on equity of 10.99% and a net margin of 6.82%. On average, analysts expect Eversource Energy to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Eversource Energy Trading Up 0.3 %

Shares of ES stock traded up $0.19 on Tuesday, hitting $59.29. The stock had a trading volume of 2,203,064 shares, compared to its average volume of 2,365,532. The company's 50 day moving average price is $59.79 and its 200-day moving average price is $60.22. Eversource Energy has a 1 year low of $52.28 and a 1 year high of $69.01. The firm has a market capitalization of $21.76 billion, a P/E ratio of 25.67, a P/E/G ratio of 2.35 and a beta of 0.58. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.76 and a quick ratio of 0.76.

Eversource Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.7525 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This is a positive change from Eversource Energy's previous quarterly dividend of $0.72. This represents a $3.01 dividend on an annualized basis and a yield of 5.08%. Eversource Energy's dividend payout ratio is 130.30%.

Insider Buying and Selling

In other news, insider Frederica M. Williams sold 3,092 shares of the stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $62.26, for a total value of $192,507.92. Following the completion of the sale, the insider now directly owns 22,671 shares of the company's stock, valued at approximately $1,411,496.46. This represents a 12.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Jay S. Buth sold 980 shares of Eversource Energy stock in a transaction on Friday, February 21st. The shares were sold at an average price of $62.99, for a total transaction of $61,730.20. Following the completion of the transaction, the vice president now directly owns 24,374 shares in the company, valued at $1,535,318.26. The trade was a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.41% of the stock is owned by company insiders.

Analysts Set New Price Targets

ES has been the subject of a number of research reports. Wells Fargo & Company dropped their price objective on shares of Eversource Energy from $79.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, February 13th. StockNews.com lowered Eversource Energy from a "hold" rating to a "sell" rating in a research report on Friday. Scotiabank lowered their target price on Eversource Energy from $56.00 to $55.00 and set a "sector underperform" rating for the company in a research note on Thursday, February 13th. Jefferies Financial Group decreased their price objective on Eversource Energy from $52.00 to $47.00 and set an "underperform" rating for the company in a research note on Tuesday, January 28th. Finally, BMO Capital Markets upped their target price on shares of Eversource Energy from $71.00 to $72.00 and gave the stock a "market perform" rating in a research note on Monday. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $65.78.

Eversource Energy Company Profile

Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas.